Union Pacific Corporation (UNP) : Greenwood Capital Associates scooped up 14,657 additional shares in Union Pacific Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 42,598 shares of Union Pacific Corporation which is valued at $3,914,756.Union Pacific Corporation makes up approximately 1.16% of Greenwood Capital Associates’s portfolio.
Other Hedge Funds, Including , Earnest Partners reduced its stake in UNP by selling 80,823 shares or 21.14% in the most recent quarter. The Hedge Fund company now holds 301,527 shares of UNP which is valued at $27,710,331. Union Pacific Corporation makes up approx 0.27% of Earnest Partners’s portfolio.Fic Capital Inc reduced its stake in UNP by selling 250 shares or 9.01% in the most recent quarter. The Hedge Fund company now holds 2,525 shares of UNP which is valued at $232,048. Union Pacific Corporation makes up approx 0.11% of Fic Capital Inc’s portfolio.Mutual Of America Capital Management reduced its stake in UNP by selling 13,801 shares or 12.35% in the most recent quarter. The Hedge Fund company now holds 97,964 shares of UNP which is valued at $9,097,917. Union Pacific Corporation makes up approx 0.19% of Mutual Of America Capital Management’s portfolio.
Union Pacific Corporation opened for trading at $95.69 and hit $97.05 on the upside on Wednesday, eventually ending the session at $96.28, with a gain of 0.32% or 0.31 points. The heightened volatility saw the trading volume jump to 2,437,461 shares. Company has a market cap of $80,193 M.
On the company’s financial health, Union Pacific Corporation reported $1.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $1.16. The company had revenue of $4770.00 million for the quarter, compared to analysts expectations of $4784.60 million. The company’s revenue was down -12.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.38 EPS.
Many Wall Street Analysts have commented on Union Pacific Corporation. Deutsche Bank Downgraded Union Pacific Corporation on Jul 20, 2016 to ” Hold”, Price Target of the shares are set at $94.Morgan Stanley Upgraded Union Pacific Corporation on Jun 3, 2016 to ” Overweight”, Price Target of the shares are set at $90.Union Pacific Corporation was Initiated by Credit Agricole to “Sell” on May 19, 2016.
Union Pacific Corporation operates through its principal operating company Union Pacific Railroad Company. The Company is a Class I railroad operating in the United States which has 31974 route miles and maintains coordinated schedules with other rail carriers to move freight. It links 23 states in the western two-thirds of the country by rail providing a supply chain link around the world. Its business mix includes agricultural products automotive chemicals coal industrial products and intermodal. The Company serves United States population centers operates from West Coast and Gulf Coast ports to eastern gateways connects with Canada’s rail systems and serves six Mexico gateways. The Company’s freight traffic consists of bulk manifest and premium business.